Seems like we failed to brake new highs and we are heading down on the large timeframes (mpnthly).
I would stay out of BTC unless you are shorting.
The reasonable buy in would be around 6K levels.
Lines drawn are monthly (black), weekly (orange), daily (red) & hourly (red) timeframes supports and resistances.
The main picture is stilll bullish, we just need small impulse. Apologizes in advance, the picture is a bit confusing, I know there's too much lines.
Update comes if we brake above trendline (unlikely) or if we reach target 6.400 USD.
***NOT FINANCIAL ADVISE JUST EDUCATIONAL PURPOSES***
Good luck trading everyone,
Kind regards,
BeniGo
I would stay out of BTC unless you are shorting.
The reasonable buy in would be around 6K levels.
Lines drawn are monthly (black), weekly (orange), daily (red) & hourly (red) timeframes supports and resistances.
The main picture is stilll bullish, we just need small impulse. Apologizes in advance, the picture is a bit confusing, I know there's too much lines.
Update comes if we brake above trendline (unlikely) or if we reach target 6.400 USD.
***NOT FINANCIAL ADVISE JUST EDUCATIONAL PURPOSES***
Good luck trading everyone,
Kind regards,
BeniGo
Komentarz:
I consider the zone 6000-6500 USD a good buy.
This is not financial advise.
Regards.
This is not financial advise.
Regards.
Transakcja zamknięta: osiągnięto wyznaczony cel:
Hope you all bought at 6400
Good luck and have fun trading ppl.
BeniGo